GST

How to get enrolled with GST Portal (With Screen Shots) from 8.11.2016 Existing Taxpayers of VAT,1 Service Tax, Central Excise.Enroll yourself for smooth transition to GSTYour provisional ID will come...

Government is promptly moving ahead for timely roll out of Goods and Service Tax and below Draft GST Rules are recently released by Central Board of Excise & Customs (CBEC) alongwith the related forms...

GTS Rates and its Impact Krishna, GST rates have been finalized in the GST council meeting held on 3rd November 2016. What are these rates and what is its impact? Krishna (Fictional Character): Arjuna...

Statement of the Union Finance Minister after the conclusion of second day of the GST council meeting as on 4-11-2016. The Second day of meeting of GST Council remained inconclusive and state FMs to m...

Finalisation of Most Awaited GST Rates Goods and Service Tax Rates have been finalised by the GST council. 3rd November 2016 is the date for the finalisation of the applicable rates under most awaitin...

1. Application for registration: Every person, other than a non-resident taxable person, a person required to deduct tax at source under section 37 and a person required to collect tax at source under...

Press Information BureauGovernment of IndiaMinistry of Commerce & Industry28-October-2016 10:22 ISTGSTN signs MoU with DGFT for sharing of foreign exchange realisation dataThe Goods and Services Netwo...

FAQs on Enrolment of Existing Taxpayer on GST System Portal Articles Answers FAQs on Enrolment of Existing Taxpayer currently registered under Central Excise, Service Tax, State Sales Tax / VAT, Entry...

Article explains & gives Video Presentation on Supply, Time of Supply & Place of Supply of Goods and/or Services under GSTGoods and Services Tax (“GST”) is a destination based consumption tax levied a...

Input Tax Credit under Model GST Law-10 Key things to know Input Tax Credit (ITC) mechanism is one of the crucial aspect under Indirect Taxation which facilitates utilisation of tax suffered in previo...

Check list for Payment of Tax under GST Section 35 of GST Act andGST Draft Payment Rulesdeal with payment of Tax under GST, the below check list will help you to understand the payment methodology and...

All about Accounts and Records under GST Section 42 and 43 of Model GST Law deal with maintenance and keeping of accounts and records, these are important section to know that what now Govt. wants fro...

Regime The GST regime in India shall be a turnaround for the whole indirect taxschema in the country. The revamped taxation policies, altered levies and revised compliance methodologies shall affect b...

Goods & services tax boosts India’s business confidence: ACC – Business confidence in India rises higher than any other global region-Confidence boosted by passage of goods and service and Urjit Patel...

Law Before understanding the Input tax credit under GST Law it is essential to understand the changes made in earlier Law i.e. CENVAT under Rule ,2004 to the new law. After giving the due consideratio...

On 18th October 2016, the Central Government has proposed various rate slabs in GST Council. It must be noted that the GST Council is meeting from 17th – 19th October 2016 to finalise GST rate slabs,...

An analysis Significance of place of supply under GST:GST is a destination based consumption tax which is a major departure from existing origin based taxation system. Under destination based taxation...

GST Model Law defines Location of recipient of service and Location of supplier of service for the purpose ofGST.Location of recipient of service [Section 2(64)]‘Location of recipient of service’ mean...

The subject matter of works contract has always been complex. During last five decades the law relating to works contract is driven by judicial pronouncements rather than legislative action. The conce...

The state government has, in order to provide relief to the dealers having turnover not exceeding prescribed threshold limit and to certain other dealers, introduced the concept of Composition levy. I...